France household debt: % of disposable income
France household debt: % of disposable income stood at 90.35 % of disposable income in Q1 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Corporate and financial sector accounts table (Value · Quarterly), with a complete series running from Q1 1999 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Corporate and financial sector accounts table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Households | |||||||||||
| Debt, % of gross disposable income | 90.35 | 90.49 | 90.46 | 90.18 | 90.24 | 90.25 | 90.65 | 91.69 | 93.02 | 94.49 | |
| Outstanding debt | 1,767.56 | 1,764.45 | 1,761.82 | 1,757.57 | 1,755.45 | 1,751.57 | 1,747.17 | 1,746.74 | 1,750.22 | 1,750.9 |
Understanding france household debt: % of disposable income
Household borrowing obligations evaluated directly against the aggregate income available to households for spending and saving highlight debt service capacity at the micro level. The numerator encompasses all outstanding loans and consumer credit liabilities, while the denominator captures gross disposable income before accounting for consumption. Business liabilities of unincorporated enterprises are handled according to specific sector classification rules.
Reading this metric requires care because income flows are subject to seasonal tax payments and social benefit disbursements that do not necessarily align with debt accumulation. Comparing this series internationally requires caution due to differing national definitions of household disposable income. Revisions to early national accounts estimates frequently affect the income denominator.
Frequently asked questions
- What income measure is used as the denominator?
- Gross disposable income of the household sector before consumption expenditures.
- Does this ratio include unincorporated business debt?
- It follows standard sectoral boundary rules, typically excluding distinct corporate enterprise debts.
- Why might this ratio fluctuate independently of interest rates?
- Changes in employment, wages, or taxes alter disposable income independently of debt levels.